Malaysia

Govt extends ceiling price for chicken, eggs till June 30

Scheme implemented in February initially supposed to end this Sunday

Updated 4 years ago · Published on 02 Jun 2022 3:39PM

Govt extends ceiling price for chicken, eggs till June 30
Under the maximum retail price determination, the price of chicken in Peninsular Malaysia is set at RM8.90 per kg for standard round chicken and RM9.90 per kg for super round chicken, while chicken eggs are priced as follows: Grade A at 43 sen each, Grade B at 41 sen each and Grade C at 39 sen each. – SYEDA IMRAN/The Vibes pic, June 2, 2022

PUTRAJAYA – The government has agreed to extend the maximum retail price of standard chicken, super chicken and chicken eggs until June 30, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi.

He said the decision to extend the maximum price scheme, implemented last February 5 and initially supposed to end this Sunday was made at a cabinet meeting yesterday.

“It is extended to ensure that Keluarga Malaysia is ready for the price change  when the price determination ends on June 30,” he said in a statement today.

Under the maximum retail price determination, the price of chicken in Peninsular Malaysia is set at RM8.90 per kg for standard round chicken and RM9.90 per kg for super round chicken, while chicken eggs are priced as follows: Grade A at 43 sen each, Grade B at 41 sen each and Grade C at 39 sen each.

For Langkawi, Sabah, Sarawak and Labuan, the maximum price of chicken and eggs varies by zone and district.

Nanta said the Finance Ministry would look into a proposal on providing assistance to the low-income target group, including the rate and mechanism for channelling aid to address the increase in the price of goods after the expiry of the maximum price scheme on June 30.

He said enforcement officers from the ministry would continue to increase enforcement on a daily basis nationwide to ensure stable supply of goods and prevent profiteering by traders.

He called on the business community to always be ethical and for consumers to use their purchasing power to buy according to their needs, as well as to spend prudently. – Bernama, June 2, 2022

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